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04 Jan 2024, 09:25
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Johnson: $14 Mn.
Hartgo: $8 Mn.
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
(medium)
Question Stats:
79% (02:21) correct
21%
(02:53)
wrong
based on 582
sessions
History
Date
Time
Result
Not Attempted Yet
Johnson LLC and Hartgo LLC are both subsidiaries of Jackson Inc. In one financial year, both Johnson and Hartgo suffered losses. The loss suffered by Johnson, as a percentage of its revenue, was 12%. The loss suffered by Hartgo, as a percentage of its revenue, was 23%. The loss suffered by Jackson through Johnson and Hartgo, as a percentage of the total revenues earned by the two subsidiaries, was 16%.
Select for Johnson and Hartgo, the possible respective revenue of each subsidiary, consistent with the information provided above. Make only two selections, one in each column.
Select for Johnson and Hartgo, the possible respective revenue of each subsidiary, consistent with the information provided above. Make only two selections, one in each column.
| Johnson | Hartgo | |
| $8 Mn. | ||
| $10 Mn. | ||
| $12 Mn. | ||
| $14 Mn. | ||
| $16 Mn. |
ShowHide Answer
Official Answer
Johnson: $14 Mn.
Hartgo: $8 Mn.
07 Jan 2024, 04:26
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Sajjad1994
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23 Jan 2024, 10:56
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(-0.12)x+ (-0.23)y=(-0.16)(x+y)
x = revenue of johnson
y =revenue of hartgo
final equation 0.12x+0.23y=0.16(x+y)
solve this
get x/y=7/4
multiple by 2 get the answers thats it
x = revenue of johnson
y =revenue of hartgo
final equation 0.12x+0.23y=0.16(x+y)
solve this
get x/y=7/4
multiple by 2 get the answers thats it
